Re:BitConnect Closes Exchange as States Warn of Unregulated ...
by TeMPOraL on Wednesday January 17, 2018 @04:33AM
(#16166644)
I think GP tried to make the point that not every pyramid-shaped scam is illegal.
Re:BitConnect Closes Exchange as States Warn of Unregulated ...
by tomclive on Wednesday January 17, 2018 @05:02AM
(#16166769)
Herbalife just escaped being labelled a pyramid scheme a couple of years ago and seems to
hover around the edges of legality: https://www.theguardian.com/business/2016/jul/15/herbalife-f...
Useless pedantry. A scam is a scam no matter what you call it. Getting caught up deep in terminology is a great way to for shysters to obfuscate any wrongdoing. These "business structures" are all part of the broader category called "things that are a scam".